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Organization, Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reclassifications
The following table summarizes the retrospective adjustment and the overall impact on the previously reported consolidated financial statements (dollars in thousands):

 
 
December 31, 2015
 
 
As Previously Reported
 
Retrospective Application
Deferred financing costs, net
 
$
6,138

 
$

Mortgage notes payable, net
 
460,770

 
455,863

Borrowings under revolving credit facility, net
 
45,300

 
44,591

Borrowings under term loan facility, net
 
25,000

 
24,878

Series C mandatorily redeemable preferred stock, net
 
38,500

 
38,100